The Problems we solve
Cambridge Energy Partners’ mission is to revolutionize solar energy in remote locations.
The demand for power across Africa and Latin America is enormous and growing. Lower-cost solar photovoltaic (PV) energy will play a significant part in fulfilling this energy need, either via projects that contribute to the local electrical grid, or via off-grid solar-diesel hybrid systems.
However, significant barriers remain for solar energy to become cost-effective at remote locations and for smaller projects (i.e. <10 MW). CEP’s solution overcomes two of the most important barriers, namely:
- Supply chain inefficiencies and high construction costs, which make traditional solar PV systems relatively expensive.
- The risk of the asset being stranded, which deters project finance investment, when the party responsible for buying the power is unable to commit to long term agreements (e.g. industrial operations), or has lower credit (e.g. emerging market utilities).
CEP has developed the world’s first all-in-one solar generator that is modular, mobile, and tracks the sun. This means that even the most remote locations can now access cost-effective and low-risk solar power.
The modular generator can be used in applications ranging from 100 kW to 10’s of MW with energy that costs up to 30% less than from traditional solar systems.
The mobility of the generator also mitigates risks and makes our generator significantly easier to finance than permanent installations.
Industrial customers – How it Works:
CEP’s solar generator is integrated into the existing electrical system to create a reliable hybrid system. Lower cost solar offsets expensive power from either the local grid or onsite diesel generator system.